Analyst - Actuarial Pricing

Chubb Insurance Hong Kong; Bengaluru; On-site; INR 900,000 - 1,300,000; Full time

Benefits offered by this job

Hybrid Work Environment

Flexible work options

Generous paid time off

Health coverage

Job summary

Chubb India is seeking an Analyst/Senior Analyst to support the Actuarial Pricing team with core pricing tasks, portfolio analysis, and data validation. The role emphasizes SQL-driven data preparation and dashboard development in Power BI to enable informed decision-making for pricing and profitability analyses.

You will work with cross-functional stakeholders, apply actuarial techniques, and contribute to reserving activities under guidance from senior staff.

Qualifications

• Undergraduate degree in an analytical discipline such as Mathematics, Actuarial Science, Statistics or Finance.
• 2–4 years of relevant actuarial experience, preferably in General Insurance pricing, ideally A&H, Property or Specialty lines.
• Having passed 5–6 actuarial exams (IFoA / IAI) and progressing towards qualification.
• Strong working proficiency in SQL for data extraction, transformation and analysis.
• Hands-on experience building dashboards and reports in Power BI.
• Good working knowledge of MS Excel; exposure to Python or R and automation tools (e.g., Alteryx) is desirable.

Responsibilities

• Support the A&H Actuarial Pricing team on core pricing tasks, portfolio analysis and planning.
• Prepare, clean and validate pricing, exposure and claims data using SQL, ensuring accuracy and consistency across sources.
• Assist in conducting regular portfolio reviews, monitoring profitability, loss ratios, premium and claims trends.
• Build and maintain Power BI dashboards and reports to track portfolio performance and enable ad-hoc analysis for stakeholders.
• Apply actuarial techniques such as frequency-severity analysis, burn cost and experience rating under the guidance of senior team members.
• Contribute to reserving tasks, including preparing claims triangles and supporting periodic reserve reviews.
• Prepare clear pricing and portfolio analysis reports and presentations for actuaries, underwriters and business stakeholders, documenting assumptions, methodologies and results.
• Automate recurring reports and data processes to reduce manual effort and improve control.

Skills

SQL

Power BI

Excel

Python/R

Alteryx

Education

Undergraduate degree in Mathematics/Actuarial Science/Statistics/Finance

Tools

Power BI

Excel

SQL

Job description

About Chubb

Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at: www.chubb.com.

About Chubb India

At Chubb India, we are on an exciting journey of digital transformation driven by a commitment to engineering excellence and analytics. We are proud to share that we have been officially certified as a Great Place to Work® for the third consecutive year, a reflection of the culture at Chubb where we believe in fostering an environment where everyone can thrive, innovate, and grow.

With a team of over 2500 talented professionals, we encourage a start-up mindset that promotes collaboration, diverse perspectives, and a solution-driven attitude. We are dedicated to building expertise in engineering, analytics, and automation, empowering our teams to excel in a dynamic digital landscape.

We offer an environment where you will be part of an organization that is dedicated to solving real-world challenges in the insurance industry. Together, we will work to shape the future through innovation and continuous learning.

Position Details

• Job Title: Analyst/Senior Analyst
• Function/Department: Actuarial
• Location: Bangalore, India
• Employment Type: Full-time
• Reports To: Team Lead
• Role Overview –Pricing Support for Europe A&H Team

Key Responsibilities

• Support the A&H Actuarial Pricing team on core pricing tasks, portfolio analysis and planning.
• Prepare, clean and validate pricing, exposure and claims data using SQL, ensuring accuracy and consistency across sources.
• Assist in conducting regular portfolio reviews, monitoring profitability, loss ratios, premium and claims trends.
• Build and maintain Power BI dashboards and reports to track portfolio performance and enable ad-hoc analysis for stakeholders.
• Apply actuarial techniques such as frequency-severity analysis, burn cost and experience rating under the guidance of senior team members.
• Contribute to reserving tasks, including preparing claims triangles and supporting periodic reserve reviews.
• Prepare clear pricing and portfolio analysis reports and presentations for actuaries, underwriters and business stakeholders, documenting assumptions, methodologies and results.
• Automate recurring reports and data processes to reduce manual effort and improve control.

Skills and Qualifications

• Highly motivated, great teammate, able to work with different professional backgrounds and adapt to a fast-paced environment.
• Undergraduate degree in an analytical discipline such as Mathematics, Actuarial Science, Statistics or Finance.
• 2-4 years of relevant actuarial experience, preferably in General Insurance pricing, ideally A&H, Property or Specialty lines
• Having passed 5-6 actuarial exams (IFoA / IAI) and progressing towards qualification.
• Strong working proficiency in SQL for data extraction, transformation and analysis.
• Hands-on experience building dashboards and reports in Power BI.
• Good working knowledge of MS Excel; exposure to Python or R and automation tools (e.g., Alteryx) is desirable.

Why Chubb?

• Industry leader:Chubb is a world leader in the insurance industry, powered by underwriting and engineering excellence
• A Great Place to work:Chubb India has been recognized as a Great Place to Work®for the years 2023-2024 and 2024-2025
• Laser focus on excellence: At Chubb we pride ourselves on our culture of greatness where excellence is a mindset and a way of being. We constantly seek new and innovative ways to excel at work and deliver outstanding results
• Start-Up Culture: Embracing the spirit of a start-up, our focus on speed and agility enables us to respond swiftly to market requirements, while a culture of ownership empowers employees to drive results that matter
• Growth and success: As we continue to grow, we are steadfast in our commitment to provide our employees with the best work experience, enabling them to advance their careers in a conducive environment

Employee Benefits

Our company offers a comprehensive benefits package designed to support our employees’ health, well-being, and professional growth. Employees enjoy flexible work options, generous paid time off, and robust health coverage, including treatment for dental and vision related requirements. We invest in the future of our employees through continuous learning opportunities and career advancement programs, while fostering a supportive and inclusive work environment. Our benefits include:

• Savings and Investment plans: We provide specialized benefits like Corporate NPS (National Pension Scheme), Employee Stock Purchase Plan (ESPP), Long-Term Incentive Plan (LTIP), Retiral Benefits and Car Lease that help employees optimally plan their finances.
• Upskilling and career growth opportunities: With a focus on continuous learning, we offer customized programs that support upskilling like Education Reimbursement Programs, Certification programs and access to global learning programs.
• Health and Welfare Benefits: We care about our employees’ well-being in and out of work and have benefits like Hybrid Work Environment, Employee Assistance Program (EAP), Yearly Free Health campaigns and comprehensive Insurance benefits.